The Reliable Reserve Force Augmenting the Armed Forces of the Philippines’ Regular Force Republic Act 7077‚ otherwise known as “Citizen Armed Force or Armed Forces of the Philippines Reservist Act”‚ was enacted in 27 June 1991 prompting the organization and development of the Reserve Force. Under this act‚ the Reserve Component‚ is mandated to provide the base for the expansion of the AFP Regular Force in the events of war‚ invasion or rebellion; to assist in relief and rescue during disasters
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The Five Forces Model (developed by Dr. Michael Porter of Harvard University) serves as a framework for examining competition that transcends industries‚ particular technologies‚ or management approaches. The underlying fundamentals of competition go beyond the specific ways individual companies go about competing (i.e. StrengthsWeaknesses-Opportunities-Threats (SWOT) analysis; the 4P’s of marketing: product‚ price‚ place‚ promotion). The underpinning of this framework is the
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The five competitive forces that shape strategy Introduction The five competitve forces that shape strategy also know as Porter’s five forces was first pubilshed in 1979 in the Harvard Business Review by a young associate professor at the Harvard Business School‚ Michael E. Porter. This article started a revolution in the strategy field and has since than shaped a generation of academic research and business practise. Throughout the last thirty years Porter’s Five Forces Analysis has been the
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Bargaining Power of Suppliers In the apparel industry‚ commodities and undifferentiated products‚ such as cotton‚ are purchased in the manufacturing of goods sold to customers. Also‚ cheap labor is abundant overseas for manufacturing needed products. Switching costs are low for this industry‚ allowing firms to easily pick and choose which suppliers they would like to do business with since suppliers offer very similar products‚ which gives suppliers in this industry low bargaining power. Price
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Kentucky Town of Manchester Illustrates National Obesity crises- Critique According to Wil Haygood‚ it ’s his best opinion that the health concerns in this town of Manchester are due to the lack of exercise facilities and excess amounts of fast food restaurants and unhealthy foods offered in their local stores. I somewhat agree‚ to a point‚ that it is more difficult with so much temptation around. However‚ I also feel that a lack of self control is a contributing factor in any case such as
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The Force of Circumstance by W. Somerset Maugham Brief summary Guy‚ an administrator of a small British colonial outpost‚ has lived there for ten years. When he was on holiday in England he met Doris. They married and she returned to the station with him. At first they are very happy but then Doris notices a young Malay woman with three half-caste children hanging around the bungalow and annoying Guy very much. Finally Guy confesses that he had a relationship with the woman and that
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Porter’s five forces model is designed to show the profitability potential of a company. This is very important when designing ones international strategy. While this is not an all encompassing model‚ it is essential that these five forces be considered because they drive the profit margins of a product and before going global‚ a company must know if it even has a chance to succeed in that specific market. These forces are: 1. Rivalry. Rivalry effects how much a company is able to charge
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Porter’s 5 forces analysis is a framework for industry analysis and business strategy development developed by Michael E. Porter in 1979 of Harvard Business School. It uses concepts developed in Industrial Organization (IO) economics to derive 5 forces that determine the competitive intensity and therefore attractiveness of a market. Porter referred to these forces as the microenvironment‚ to contrast it with the more general term macro environment. They consist of those forces close to a company
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development and marketing is a little confused one.Most the areas in this country are highly marketing foreign goods when compared to Indian goods.More than 60% of the sales of four wheelers‚cellphones‚toothpastes‚food products etc.‚belongs to foreign markets and their investment in india. ”Why can’t we improve our product development.Why should we encourage foreign goods and services?Why cant we build our own four wheeler‚cell phone companies and improve the marketing of Indian goods”
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These five forces are empirically derived‚ e.g. by observation of real companies in real markets‚ rather than the result of economic analysis. Porter’s five forces is a useful generic structure for thinking about the nature of industries. The understanding of the structure of an industry is the basis for formulation of competitive strategy. The work of Porter provides an analytical framework for the analysis of the structural factors that condition competition within an industry and suggests several
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